News
Louisiana wants to raise homes to deal with flood risk. A federal decision is complicating it.
3+ hour, 18+ min ago (1331+ words) A home in St. Amant was flooded'after the historic August 2016 rains.'In 2017, it was later to about 10 feet in elevation.' A home off La. 937 in St. Amant in 2017 was raised between 4 and 5 feet following the August 2016 floods. While this home…...
Letters: The insurance crisis that no one in La. wants to face
3+ week, 6+ day ago (261+ words) The Gulfport, Miss. , home of a person seeking a visit by a State Farm insurance adjuster is seen Sept. 21, 2005, 23 days after Hurricane Katrina washed over the Gulf Coast." Louisiana is losing itself. About a football field an hour, the land…...
Louisianans with fortified roofs could soon get a bigger insurance discount. Here's why.
1+ mon, 2+ week ago (690+ words) Louisiana will soon push home insurers to give specific discounts in exchange for homeowners getting fortified roofs, after a yearslong debate over how to deliver savings to residents who face soaring insurance premiums. Insurance Commissioner Tim Temple's office quietly released…...
Editorial: Demand for fortified roof grants is strong. La. should expand its program.
2+ mon, 3+ hour ago (459+ words) The Louisiana Legislature heads into the start of this year's regular session next month in something of an unusual position: a half-billion-dollar budget surplus from the fiscal year that ended June 30, plus revenue forecasts that have been trending upward. Of…...
Jeff Landry asks state-created insurer to pay for fortified roofs. Here's why.
2+ mon, 1+ day ago (897+ words) Gov. Jeff Landry is asking the state-created Louisiana Workers" Compensation Corp. to use its balance sheet to help pay for stronger roofs for homeowners in a bid to alleviate a homeowners insurance crisis that has proved an enduring political problem....
Letters: TV ads provide clue as to why insurance rates are so high in La.
2+ mon, 1+ week ago (280+ words) NOLA. com Several major auto insurance businesses are reducing rates in Louisiana as fewer drivers are on roadways commuting to work. Recently, I watched the local TV news at noon. Most of the commercials were for ambulance chasers. Their billboards…...
With reinsurers seeing profits, can Louisiana expect home insurance rates to drop?
3+ mon, 1+ day ago (1175+ words) Houma resident Charlotte Freeman faces down Insurance Commissioner Tim Temple, foreground, during a Q&A about the Louisiana insurance market at a town hall in Houma. He called insurance the "biggest crisis our state faces."" Insurance Commissioner Tim Temple mingles…...
Louisiana allowed insurers to drop more homeowners. Only one took advantage.
4+ mon, 4+ day ago (1007+ words) Louisiana lawmakers passed a controversial law last year that gave insurance companies more leeway to drop policyholders, part of a fierce debate over how to tame ever-rising homeowners insurance rates that have reached crisis levels. Consumer advocates and Democrats warned…...
At long last, New Orleans S&WB cuts ribbon on new power complex -- with work left to do
4+ mon, 1+ week ago (985+ words) New Orleans leaders on Tuesday unveiled a long-awaited upgrade to the city's dilapidated flood-protection infrastructure, cutting the ribbon on a $300 million power complex intended to deliver reliable electricity to the city's drainage pumps. "When you're building the plane, even while…...
This Louisiana home insurer is cutting rates after steep increases. But it's not all good news.
4+ mon, 2+ week ago (758+ words) Louisiana Insurance Commissioner Tim Temple, right, paces by himself as he gets ready to face a gym filled with concerned south Louisiana citizens during a town hall in Houma. He called insurance the "biggest crisis our state faces."" One of…...